Indian Shares Close Slightly Lower as Oil Swings, Fed Rate Fears Weigh on Sentiment

Indian equities ended marginally lower on Tuesday, September 22, 2026, after a volatile session driven by fluctuating oil prices and hawkish signals from U.S. Federal Reserve officials. Oil prices whipsawed following four consecutive sessions of declines. Meanwhile, hawkish commentary from Fed policymakers reinforced market expectations of further interest-rate hikes by the U.S. central bank, pressuring risk assets. The session reflected broader investor caution as global markets weighed the impact of tightening monetary policy on emerging-market equities.